Business For Sale

Profitable, Well-Est. Tile Installation Business

Not Disclosed, ID

Asking Price: Annual Revenue:
$982,000 $1,300,000

Services: Construction, Contractors

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RE: Profitable, Well-Est. Tile Installation Business Broker: David Choate
Owner Financing is Available!
$782,000 Down/ $200,000 for 84 months @ 5%.

Quick Facts

Asking Price: $982,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $486,230
Total Debt: Not Disclosed
FF&E: $117,339
Real Estate: Not Disclosed
Year Established: 2006
Employees: 15
BBN Listing #: 35684955
Broker Reference #: 8302-13417

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Business Overview:

If you are looking for a highly profitable and in-demand service business and like working with people, this may be the right fit. This successful, well-established, contracting business installs tile and wood flooring for mainly upscale residential home owners. The company's newer model trucks come fully equipped with installation tools and supplies. The business works exclusively with several respected flooring retail vendors allowing a wide product selection. Customers select tile or flooring choice from a trusted third-party vendor thus eliminating the company's need to stock inventory. The business has a three-week waiting list to complete new work. The profitable business history proves there is a strong demand for quality craftsmanship and outstanding customer service.

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Property Features and Assets:

The company owns a 2,994 square foot building which it shares with one other tenant. The Seller is willing to lease approximately one-half of the building to a new owner at market rate rent. The Seller is also willing to consider a purchase offer from a new owner at a negotiated price. Assets = $117,339

Market Competition and Expansion:

There are other local competitors but the company differentiates itself with uncompromising quality and reliability. Tile retail vendors and customer trust the company to do the job well and guarantee its work quality. Company enjoys many long-standing relationships with retailers who consistently refer new jobs. The industry is stable and is projected to remain so. The company began operating during the recession yet thrived because of the workmanship quality and strong customer service which serves the company well today. The company expects to end 2017 with at least the same level of earnings as experienced in 2016. According to IBISWorld research, the industry projects 4.5% top-line growth. With the strong, continued, local demand for housing and remodeling of existing homes, the company expects strong results beyond 2017. Quality is the cornerstone of this business and customer service will remain a priority to nurture vendor relationships and new customer referrals.

Reason for Selling:

Spend more time with family and to travel.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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